HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating analysts’ estimates on the back of
Read More
Breaking News: Europe
Mercedes hit by $1.2 billion in tariff costs as full-year earnings more than halve
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership.
Read More
BP suspends share buyback plan in fresh sign of oil price pressure
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant
Read More
UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback
Fabrice Coffrini | AFP | Getty Images UBS announced plans for a $3 billion buyback Wednesday and posted fourth-quarter profits
Read More
Novo Nordisk shares tumble 18% as CEO warns it will get worse before it gets better
Just as Novo Nordisk showed signs of a recovery, another cold shower hit investors as the drugmaker surprise pre-released its
Read More
European lawmakers suspend U.S. trade deal amid Greenland tariff tensions
European lawmakers on Wednesday suspended the approval of the trade deal that the European Union and U.S. agreed in July.
Read More
Trump calls for ‘immediate negotiations’ on Greenland, but rules out using force
President Donald Trump on Wednesday called for “immediate negotiations” with Denmark to “discuss the acquisition of Greenland by the United
Read More
UK inflation rises to 3.4% in December, above forecasts
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that
Read More
Global central bankers unite in defense of Fed Chair Jerome Powell
Jerome Powell, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting
Read More
Euro zone inflation hits 2% in December, in line with forecasts
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat
Read More